educational type with high consumption value and low effort costs. This increases the skill mismatch and aggregate unemployment in …

associated with high consumption value and low effort. This increases the skill mismatch and aggregate unemployment in the …

levels and endogenous involuntary unemployment due to frictions in the labor markets. Redistributive taxation distorts labor … demand and wages. Compared to their efficient values, gross wages, unemployment and participation are lower. Average tax …

non-market activities. Search-matching frictions on the labor markets create unemployment. Wages, labor demand and …

We propose a canonical model of optimal nonlinear redistributive taxation with matching unemployment. In our model … efficient values, at the optimum gross wages and unemployment are lower. Average tax rates are moreover increasing in wages. The …

This paper characterizes the optimal redistributive tax schedule in a matching unemployment framework with endogenous … (voluntary) nonparticipation and (involuntary) unemployment. The optimal employment tax rate is given by an inverse employment … responses. For plausible parameters, our matching environment induces much lower employment tax rates than the usual competitive …

This paper revisits the normative properties of search-matching economies when homogeneous workers have concave utility … optima, non-linear income taxation is a key complement to unemployment insurance. According to the level of the workers …

The analysis provides a new explanation for two widespread problems concerning European unemployment policy: the … disappointingly small effect of many past reform measures on unemployment, and the political difficulties in implementing more … implement broad-based reform strategies. Our analysis suggests that major unemployment policies are characterised by economic …

. Both marginal tax rates are of ambiguous sign. The tax systems' effects on the wage formation and the unemployment rates …

This paper studies optimal income taxation in an environment where matching frictions generate a trade-off for workers … between high wages and low unemployment risk. A higher marginal tax rate shifts the trade-off in favor of low unemployment … risk, whereas a higher tax burden or unemployment benefit has the opposite effect. Changes in unemployment generate fiscal …